Bharat Electronics shares rally 7% as firm bags orders worth ₹6,795 crore; check FY26 order book details

The company on March 31 said it has secured additional orders worth ₹6,795 crore since the last disclosure on March 30, 2026.

“Orders received include mountain radars from MoD, Avionics package for the LCA from HAL, major export order for communication equipment, electronic fuzes, strategic components, upgrades, spares, services, etc.," BEL said in a regulatory filing.

BEL’s FY26 turnover and order book

In a separate filing on April 1, the Navratna Defence PSU said it has achieved a turnover of around ₹26,750 crore (provisional and unaudited) during the financial year 2025-26 against the previous year's turnover of ₹23,024 crore, registering a growth of 16.2%.

The turnover also includes export sales of around $141.9 million in FY26, rising 33.65% as compared to the previous year's export turnover of $106.17 million.

In FY26, Bharat Electronics secured orders worth ₹30,000 crore, including export orders worth $346 million. The company, in a regulatory filing, said that some of the major orders received during the year in defence include avionics for LCA, mountain radars, EW suites for helicopters, air defence radars, EOIR payloads for airborne and naval platforms, and others.

The major orders in the non-defence sector include communication equipment, IT infra for AIIMS, airport surveillance radars, software solutions, automatic train supervision systems, EVMs, and more.

On the export front, the major orders received include communication equipment, satellite communication networks, TR modules, electronic fuzes, drones, etc.

With this, the total order book of Bharat Electronics stands at around ₹74,000 crore, including the export order book of $495 million, as of April 1, 2026.

Here's what management said

“The geopolitical incidents during the year and ongoing conflict in West Asia have highlighted the need for self-reliance in strategic sectors and the importance of a resilient domestic industrial defence ecosystem. BEL remains well-positioned to effectively navigate these challenges through its expertise across multiple technologies and platforms, strong order book, diversified portfolio, modernised manufacturing facilities and proven execution capabilities,” said Manoj Jain, Chairman & Managing Director, BEL.

Manoj Jain also added that Bharat Electronics continues to focus on indigenisation by reducing dependence on imports and strengthening domestic supply chains, while also prioritising future-ready technologies such as artificial intelligence, cybersecurity, advanced electronic warfare and communication systems, and autonomous platforms.

BEL share price

At 11:45 AM, BEL shares were trading at ₹424.90 apiece on the National Stock Exchange, surging 6.05%.

In a month, shares of the firm have declined nearly 6%, while for six months’ time, they have gained over 5%. On a year-on-year basis, BEL shares have zoomed over 47%. The company has a market capitalisation of ₹3.13 lakh crore.

Shares of the company had touched their one-year high of ₹473.45 apiece on March 6, 2026, while their 52-week low of ₹256.20 was hit on April 7, 2025.

Bharat Electronics Q3 earnings

BEL had reported a consolidated net profit of ₹1,579 crore for the third quarter of the current financial year, marking an increase of 20.4% from ₹1,311 crore in the same period last year.

The company's revenue from operations grew 24% to ₹7,154 crore in the October-December quarter (Q3 FY26) as compared to ₹5,771 crore in the corresponding quarter of the previous fiscal year.

Up to Q3 of FY 2025-26, BEL said it has achieved revenue from operations of ₹17,302.46 crore as against ₹14,538.30 crore recorded in the corresponding period of the previous year. In the same period, the firm’s Profit After Tax (PAT) stood at ₹3,845.32 crore as compared to ₹3,183.47 crore in the same period of the previous year.

The country's leading defence equipment maker reported stable operational performance in the December quarter, as its earnings before interest, taxes, depreciation and amortisation (EBITDA), also known as operating profit, advanced 27.3% to ₹2,127 crore as against ₹1,670 crore.

BEL’s operating profit margin expanded to 29.7% year-on-year in contrast to 28.9%.